§ 300.103. Accounts held by a corporation, partnership or unincorporated association.
57 words·~1 min read·
/us/cfr/t17/s§ 300.103·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A corporation, partnership or unincorporated association holding an account with a member shall be deemed to be a separate customer distinct from the person or persons owning such corporation or comprising such partnership or unincorporated association if on the filing date it existed for a purpose other than primarily to obtain or increase protection under the Act.